GrubHub (GRUB) Tops Q2 EPS by 4c; Active Diners Rose 42%

GrubHub (NYSE: GRUB) reported Q2 EPS of $0.17, $0.04 better than the analyst estimate of $0.13. Revenue for the quarter came in at $88 million versus the consensus estimate of $85.32 million.

Second Quarter Key Business Metrics Highlights

• Active Diners were 5.93 million, a 42% year-over-year increase from 4.19 million Active Diners in the second quarter of 2014.
• Daily Average Grubs were 220,100, a 26% year-over-year increase from 174,500 Daily Average Grubs in the second quarter of 2014.
• Gross Food Sales were $568 million, a 34% year-over-year increase from $423 million in the second quarter of 2014.

GrubHub sees Q3 2015 revenue of $85-87 million, versus the consensus of $85.6 million.

GrubHub sees FY2015 revenue of $358-364 million, versus the consensus of $359.9 million.

For earnings history and earnings-related data on GrubHub (GRUB) click here.

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